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Valspar waterborne coating system for MCI

The US-based Valspar Corporation and Maersk Container Industry (MCI) have announced a long-term supply agreement, with a “significant share” of dry goods containers converting from solvent borne coatings to Valspar’s Aquaguard waterborne coating. Read More »

Boskalis awarded Southampton dredging contract

The Association of British Ports has awarded the contract for the capital dredging of the approach channel to the Port of Southampton, worth approximately €35m (US$47m), to Royal Boskalis Westminster N.V. (Boskalis). Read More »

COSCO and Piraeus sign investment deal

The agreement is worth €230m (US$309m)

The Piraeus Port Organisation (OLP) and Piraeus Container Terminal (PCT), a Chinese-owned subsidiary of Cosco, have signed an agreement for the investment of €230m (US$309m), the Shipping and Aegean Ministry has announced. Read More »

EU to Strengthen Sweden-Finland Multimodal Transport

The European Union will support with just over €6.1 million from the TEN-T Program a project to upgrade the transport link between northern Sweden and western Finland, including land and waterborne transport systems. It will also contribute to the realization of the Motorways of the Sea (TEN-T Priority Project 21) concept. Read More »

Panama Canal delay will benefit Suez

The Suez Canal stands to gain from delays in Panama

As the Suez Canal has started to take business away from the Panama Canal this year due to the economies of scale it permits, Drewry Maritime Research believes that some will argue that the delayed Panama Canal’s new locks are already long overdue. Read More »